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Feb 14
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$92.45
$93.15
+0.8%
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AVOID
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Kyle Grieve
Host, The Investor's Podcast / Millennial Investing
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"If you save $100 today at historic modern inflation rates of 3%, your money is only going to be worth $74... Cash seems neutral, but it's a net negative." Inflation constantly erodes purchasing power. Holding cash is akin to "leaving ice cubes melting in the sun." Minimize cash holdings and deploy capital into appreciating assets. Deflationary environments (though monetary policy actively fights this). |
We Study Billionaires
Stories to Make You a Smarter Investor w/ Kyl...
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Feb 09
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$93.93
$93.15
-0.8%
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LONG
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Ali Ghodsi
CEO, Databricks
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Databricks raised $7B despite being cash flow positive. There are "2000 vibes" (Dot-com bubble) in the market. If the bubble bursts, capital markets will freeze for 3-4 years. Having a massive cash pile allows a company to survive a wipeout and acquire distressed assets while competitors conduct layoffs. Startups with zero revenue are raising capital at multi-billion dollar valuations, a classic bubble signal. If the bull market continues uninterrupted, holding excessive cash drags on returns (opportunity cost). |
CNBC
Preparing for another tech wipeout: Databrick...
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Jan 31
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$90.29
$93.15
+3.2%
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AVOID
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Stig Brodersen
Host, The Investor's Podcast
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The surest way to lose purchasing power due to inflation; risky to hold long-term. |
We Study Billionaires
Why Simple Investing Wins w/ David Fagan (TIP...
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